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there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those are the demands from the republican side. >> heather: what about spending cuts in terms of democrats? >> there is another hard issue. democrats are going to try to hold as much on spending cuts, but they know that the cuts have to be part of the deal. you can't get republicans along were anything unless there is something on that side. how far are democrats willing to go? on spending cuts and overhauling entitlement reform which is the main driver of the nation's debt. you may see a deal where there is tax increase if democrats are willing to go much further on entitlement reform and spending cut
there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those...
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Nov 17, 2012
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you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second term? and the labor unions basica
you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the...
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Nov 17, 2012
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after boehner's vague comments, there are new concerns that the speaker may give up way too much and agree to tax increases. i'm here to lay out exactly what he has on the table. congressman, good to see you. >> good to be with you, sean. >> sean: i am concerned because -- >> i am -- you and me both? >> i am concerned about caving. you have outgoing virginia governor mcdonald, and former governor haley barbour and others saying, maybe we can give in on these things. did any house republican get elected and say to their constit webts they would raise taxes? if they did, i didn't hear it. >> i don't know a single one. sean, this is not the time to be defensive. and of course, there are plenty of people who say i am very offensive. but this is a time to go on offense, with our big ideas. and use the president's own words. he says everybody ought to pay their fair share, keeping him at his word. he says, warren buffett ought to not pay a lesser percentage than his secretary. what the president proposes will increase taxes on those who are paying a different way for warren buffett. it won
after boehner's vague comments, there are new concerns that the speaker may give up way too much and agree to tax increases. i'm here to lay out exactly what he has on the table. congressman, good to see you. >> good to be with you, sean. >> sean: i am concerned because -- >> i am -- you and me both? >> i am concerned about caving. you have outgoing virginia governor mcdonald, and former governor haley barbour and others saying, maybe we can give in on these things. did...
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if obama, president obama and boehner cannot come up with a plan the past two years, you have senators, a gang of six actually working on a plan b. so if boehner and obama can't come up with something that can go through the house you have a bipartisan group of senators working together, even bob corker from tennessee is working on a bill that will help simplify the code. if plan a doesn't work, plan b will work because at the end. day the american people have spoken, they kept the senate the same, the house virtually the same and the same president, so they're giving them a second chance to actually have our system work. and if working a bipartisan way, it will work. >> jamie: doug, the president, having not submitted a budget that passed in the first four years, at this point are there numbers out there that anybody has seen that proves that the tax increases and the spending cuts will avert a fiscal cliff? >> well, i think the immediate challenge is to avoid what's been called sequestration which is the process in place when they did the debt ceiling deal over a year ago. so, i thin
if obama, president obama and boehner cannot come up with a plan the past two years, you have senators, a gang of six actually working on a plan b. so if boehner and obama can't come up with something that can go through the house you have a bipartisan group of senators working together, even bob corker from tennessee is working on a bill that will help simplify the code. if plan a doesn't work, plan b will work because at the end. day the american people have spoken, they kept the senate the...
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speaker boehner has said he's open to raising revenue. he has not told us or the american public exactly how he would do it. so i do think it would be useful if he would spell it out, then we would have two clear proposals on the table to compare. >> well, it's going to be a long negotiation, it seems, tough negotiation to work things through. but i know a lot of people are hopeful that a deal comes through before the amendment of the year, sir. >> yes, indeed. again, the model, the framework should be the kind of framework that bipartisan groups have come up with in the past in terms of a mix of cuts and again, we did a trillion dollars in cuts last year, but also revenue. that's the kind of balanced approach we need to take. >> allallall right. thank you for joining us. we appreciate it. >> thank you. >> friday former c.i.a. director david petraeus testified hyped closed doors on capitol hill. for some his testimony about the september 11 benghazi attack raises more questions than it answers. we'll ask two congressmen about that in a fa
speaker boehner has said he's open to raising revenue. he has not told us or the american public exactly how he would do it. so i do think it would be useful if he would spell it out, then we would have two clear proposals on the table to compare. >> well, it's going to be a long negotiation, it seems, tough negotiation to work things through. but i know a lot of people are hopeful that a deal comes through before the amendment of the year, sir. >> yes, indeed. again, the model, the...
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. >> plus, president obama and john boehner launch another effort to save the country from falling off the fiscal cliff. economists will be here to size up negotiations. caution. you are about to enter the no spin zone. "the factor" begins right now. >> hi. i'm greg gutfeld in for bill o'reilly. thanks for watching us tonight's. let's get to our top story. general david petraeus on capitol hill testifying about libya. exactly one week after resigning as the head of the c.i.a. because of an affair, petraeus testified today in closed door hearings in front of both the house and senate intelligence committees. according to those who were there, petraeus said the c.i.a. immediately suspected that al-qaeda was involved in the 9-11 benghazi attack. but for some reason, the original c.i.a. talking points had been altered. the al-qaeda reference removed. this raises all kind of questions. joining me now to answer them, senator roy blunt, a member of the senate intelligence committee who is in washington this evening. i got to say, this is isn't just a smoking gun. it's like a smoking cannon. t
. >> plus, president obama and john boehner launch another effort to save the country from falling off the fiscal cliff. economists will be here to size up negotiations. caution. you are about to enter the no spin zone. "the factor" begins right now. >> hi. i'm greg gutfeld in for bill o'reilly. thanks for watching us tonight's. let's get to our top story. general david petraeus on capitol hill testifying about libya. exactly one week after resigning as the head of the...
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after a closed-door meeting, house speaker john boehner said, quote, i believe we can do this. nancy pelosi said we understand our responsibility. if they fail to act, the bush tax cuts would end on january 1. that's the same day sharp cuts to government spending take effect. economists fear the combination could send the country back into a recession. a train that slammed into a parade float, carrying wounded veterans was moving slower that the posted speed limit. safety officials in texas say it was going 62 in a 70-mile-per-hour zone and the train applied its emergency brakes before crashing into the trailer. the accident killed four veterans and injured 16 other people. i'm marianne rafferty. now back to "on the record." >> greta: harry reid telling senate republican leaders, no, rejecting a request for a watergate-style select committee to investigate the benghazi attack. earlier, john mccain led the charge for a special committee. but in a letter tonight, senator reid saying there are plenty of committees investigating benghazi and he took aim at senator mccain, saying he
after a closed-door meeting, house speaker john boehner said, quote, i believe we can do this. nancy pelosi said we understand our responsibility. if they fail to act, the bush tax cuts would end on january 1. that's the same day sharp cuts to government spending take effect. economists fear the combination could send the country back into a recession. a train that slammed into a parade float, carrying wounded veterans was moving slower that the posted speed limit. safety officials in texas say...
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Nov 17, 2012
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john boehner said it is now the law of the land. good to see you. biggest colonel to me, my family and to people out there watching. will my quality of care care change? >> first of all, you may lose the plan you get on your job. and you may lose full-time job status as a result. this law says that employers. >> is this all of it. >> this is all of it. >> we like our guests to bring us cake not 2,000 pages of healthcare legislation. >> unfortunately this is what you have got. this law says that employers with 50 or more full-time workers have to provide health insurance. not just any health insurance but the one size fits all government designed plan. that cost almost twice as much as what many employers currently provide. so, as a result. employers in many cases are going to drop the coverage and may even move their full-time employees into part time status to avoid the penalty. >> we have already seen companies doing that. >> that's right. and the government actually predicts that under this employer mandate, fewer people will get on the job insur
john boehner said it is now the law of the land. good to see you. biggest colonel to me, my family and to people out there watching. will my quality of care care change? >> first of all, you may lose the plan you get on your job. and you may lose full-time job status as a result. this law says that employers. >> is this all of it. >> this is all of it. >> we like our guests to bring us cake not 2,000 pages of healthcare legislation. >> unfortunately this is what...